Le Souk, an online sourcing platform connecting textile suppliers and buyers, has closed an $800K round with the help of SeedInvest.
Le Souk is a sourcing platform showcasing best-in-class suppliers from 19+ countries. Disrupting the antiquated model of trade shows & agents while servicing a growing global market of makers & creatives, Le Souk makes global sourcing possible by bringing together a trusted supplier network, the latest technology, and a community of designers and makers.
“Digital platforms that connect designers & makers directly to textile suppliers remain a key opportunity in revolutionizing the B2B design supply chain,” says Andy Boszhardt, Managing Partner at Great Oaks Venture Capital. “Le Souk has established itself as a premier online solution in this space with quality suppliers in over 19 countries and a highly engaged buyer audience. With this funding, we believe Le Souk has a great opportunity to become the leader in the space as it builds upon a best-in-class technology to connect buyers and sellers 365 days a year.”
“The textile industry is a massive opportunity for tech to disrupt,” says SeedInvest Investment Director Ameet Padte. “Le Souk gave SeedInvest investors the opportunity to invest in a startup cut from the same cloth as other successful companies creating 21st century B2B marketplaces.”